energy drinks market share at 53.8%, aligned with our mid-term guidance, by using multi-brand portfolio and consumer-centric marketing strategy. In functional drinks market, C-Vitt also maintained its
functional drinks (+26.2 YoY). Domestic beverage continued showing strong growth at 4.6% YoY from both energy drinks and functional drinks. Speed-up health and hygiene innovations made a turnaround of domestic
ratio, however, decreased from 41.1% to 39.6% primarily as a result of improved operational efficiency and cost management especially in Outdoor media business. Consequently, the gross profit was up 26.7
% YoY due to the improved operational results from both service revenue growth and cost optimization. EBITDA margin was 44.7%, exceeding the guidance of 42-44%, and improved from 39.9% in 2016. In summary
increases by 5% every 5 years since May 2015), full quarter consolidation of COMASS by MACO. Cost-to-sales ratio, however, decreased from 42.8% to 39.4% primarily as a result of higher sales, improved
Bt94,128mn, decreasing from Bt109,128mn at the end of FY18. The average cost of debt remained approximately 3.0% per year. Profit In 2019, EBITDA was Bt78,463mn, increasing 6. 3% YoY, due to the improved
of MACO. Cost-to-sales ratio, however, decreased from 41.6% to 39.0% primarily due to sales growth outpaced cost growth, improved operational efficiency and cost management especially in the Outdoor
% primarily due to sales growth outpacing cost growth and improved operational efficiencies. Consequently, gross profit was up 38.2% YoY from THB 496mn to THB 685mn. Gross profit margin considerably increased
% per year. Profit In 2018, EBITDA was Bt73,792mn, increasing 4.7% YoY due to the improved operational results from both service revenue growth and cost optimization. Reported EBITDA margin was 43.4
cosmetic, skincare and functional foods under brand Wuttisak by launching new distribution channel in the form of the first and flagship pop-up concept store "Wuttisak Beauty Station" at Rajdamri BTS Station